Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Short Interest Down 56.6% in March

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 14,417 shares, a drop of 56.6% from the March 15th total of 33,235 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 91,112 shares, the days-to-cover ratio is presently 0.2 days.

Daiwa Securities Group Price Performance

Shares of DSEEY stock opened at $9.78 on Monday. The firm has a market cap of $13.84 billion, a P/E ratio of 13.22 and a beta of 0.54. Daiwa Securities Group has a fifty-two week low of $5.94 and a fifty-two week high of $11.24. The business’s 50 day moving average price is $9.90 and its 200-day moving average price is $9.02. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.10 and a current ratio of 1.10.

Daiwa Securities Group (OTCMKTS:DSEEY) last issued its quarterly earnings data on Monday, February 2nd. The financial services provider reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.04. The firm had revenue of $2.42 billion for the quarter, compared to analyst estimates of $1.70 billion. Daiwa Securities Group had a return on equity of 7.01% and a net margin of 10.93%.

Daiwa Securities Group Company Profile

Daiwa Securities Group Inc is a leading Japanese financial services firm established in 1902 and headquartered in Tokyo. Operating as a holding company, Daiwa oversees a network of subsidiaries active in securities brokerage, investment banking and asset management. With a history spanning over a century, the group has evolved to meet the changing needs of individual and institutional clients, building a reputation for comprehensive capital markets solutions.

The group’s core businesses include retail brokerage, offering equity, fixed income and mutual fund products to individual investors in Japan.